Shiba Inu open interest reaches 11.27 trillion SHIB ($90.36M) on rebound bets

Shiba Inu's derivatives positioning climbed, with open interest up 3.94% to 11.27 trillion SHIB worth $90.36 million in the last 24 hours, according to CoinGlass. Price ranged between $0.000007755 and $0.000008105 before settling near $0.000007875, while spot volume rose 9% to $89.68 million.